Global Car-as-a-Service Market to 2023 - Market will Register a CAGR of Over 18%

DUBLIN, April 17, 2019 /PRNewswire/ -- The "Global Car-as-a-Service Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.

The car-as-a-service market will register a CAGR of over 18% by 2023.

A wide range of vehicles with a single subscription package is driving the car-as-a-service market. Users are able to flip between different cars under a single subscription or rental plan. With their own terms and conditions, some subscription plans include long-time rentals allowing users to switch cars on daily, monthly, or weekly basis.

In addition, some plans are similar to leasing for a shorter duration offering convenience and comfort. Various OEMs and third-party dealers further offer a different type of cars within the subscription plans. This will further boost the car-as-a-service market growth in the forthcoming years.

Financial support by service providers to potential drivers

One of the growth drivers of the global car-as-a-service market is the financial support by service providers to potential drivers. Cab service providers are creating a financing program that offers flexible leases to potential drivers for purchasing a car.

The growing use of public transport

One of the challenges in the growth of the global car-as-a-service market is the growing use of public transport. The customers might not opt for CaaS such as ride-hailing due to the increasing public transportation facilities.

Competitive Landscape

The market appears to be fragmented with the presence of several market players. With the growing demand for CaaS from various end-users, vendors are opting for M&A and strategic alliance to improve their market reach and customer base.

This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market's competitive landscape and offering information on the products offered by companies.

Key Players

• BMW AG
• DiDi Chuxing
• Ford Motor Company
• Lyft
• Uber Technologies

Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

• Market ecosystem
• Market characteristics
• Market segmentation analysis

PART 04: MARKET SIZING

• Market definition
• Market sizing 2018
• Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

PART 06: MARKET SEGMENTATION BY TYPE

• Comparison by type
• Car rental - Market size and forecast 2018-2023
• Ride hailing - Market size and forecast 2018-2023
• Car subscription - Market size and forecast 2018-2023
• Market opportunity by type

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

• Geographic comparison
• Key leading countries
• Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

PART 11: MARKET TRENDS

PART 12: VENDOR LANDSCAPE

• Overview
• Landscape disruption
• Competitive scenario

PART 13: VENDOR ANALYSIS

• Vendors covered
• Vendor classification
• Market positioning of vendors
• BMW AG
• DiDi Chuxing
• Ford Motor Company
• Lyft
• Uber Technologies
  

For more information about this report visit https://www.researchandmarkets.com/r/uo2efq

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SOURCE Research and Markets